Opendoor Technologies (OPEN) News
Market Cap: $817.58M
Avg Volume: 42.64M
Industry: Real Estate - Services
Sector: Real Estate
Opendoor Stock Is Now 97% Off Its Highs, But 1 Wall Street Analyst Thinks It Could Double This Year
Saying it's been rough for Opendoor Technologies (OPEN -2.99%) over the past two years is an understatement. The real estate technology company, once a market darling, has been crushed under the weight of higher interest rates.
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OPEN LENDING ALERT: Bragar Eagel & Squire, P.C. is Investigating Open Lending Corporation on Behalf of Open Lending Stockholders and Encourages Investors to Contact the Firm
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ:LPRO) on behalf of Open Lending stockholders. Our investigation concerns whether Open Lending has violated the federal securities laws and/or engaged in other unlawful business practices.
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CELEBRITY CRUISES' BUCKET LIST GALAPAGOS EXPEDITIONS ARE NOW OPEN FOR BOOKING IN 2027
Guests on every sailing can take part in the cruise line's one-of-a-kind conservation project, Rewilding Galapagos, which is celebrating 10 years. MIAMI , March 12, 2025 /PRNewswire/ -- Celebrity Cruises' award-winning Galapagos expeditions on Celebrity Flora are now available for booking in 2027.
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Why Opendoor Technologies Stock Was Sliding Today
Shares of Opendoor Technologies (OPEN -7.01%) were heading lower today after the home-flipping specialist missed bottom-line estimates in its fourth-quarter earnings report. Its first-quarter guidance also called for a slow start to the year.
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Opendoor Technologies Inc. (OPEN) Reports Q4 Loss, Tops Revenue Estimates
Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago.
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Opendoor Technologies Inc. (OPEN) Q4 2024 Earnings Call Transcript
Opendoor Technologies Inc. (NASDAQ:OPEN ) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Kimberly Niehaus - Investor Relations Carrie Wheeler - Chief Executive Officer Selim Freiha - Chief Financial Officer Conference Call Participants Dae Lee - JPMorgan Ygal Arounian - Citigroup Nicholas Jones - JMP Securities Jeff Steiner - Deutsche Bank Nick McAndrew - Zelman & Associates Operator Good day and thank you for standing by. Welcome to the Opendoor Technologies Fourth Quarter 2024 Earnings Conference Call.
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Opendoor: Revenue Jumps, Loss Widens
Opendoor Technologies (OPEN -7.14%), a pioneer in the digital residential real estate space, released its fourth-quarter results on Feb. 27, 2025. The company reported a revenue surge to $1.1 billion, surpassing the $982 million estimate, reflecting a 25.9% year-over-year increase from $870 million in the previous year.
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Opendoor Announces Fourth Quarter and Full Year 2024 Financial Results
SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2024. Opendoor's fourth quarter and year-end 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the “Quarterly Reports” page of Opendoor's investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports.
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OPEN to Report Q4 Earnings: What's in the Offing for the Stock?
A wider market reach is anticipated to have aided Opendoor Technologies' revenues in the fourth quarter of 2024.
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Opendoor Technologies Inc. (OPEN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Opendoor Technologies (OPEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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NETFLIX BITES IS NOW OPEN!
NETFLIX AND MGM GRAND UNVEIL NEW DINING EXPERIENCE IN LAS VEGAS – Reveal of Full Menu Inspired by Fan-Favorite Shows and Movies, Including Bridgerton, Stranger Things, Squid Game, ONE PIECE, Glass Onion: A Knives Out Mystery and More – Surprise Early Access: Walk-ins Are Now Welcome with Reservations Available Beginning February 20 View Full Menu Here Make a Reservation Here LAS VEGAS , Feb. 11, 2025 /PRNewswire/ -- Order up! NETFLIX BITES Vegas is now open at MGM Grand Hotel & Casino, embarking on a savory one-year culinary residency that invites guests to dig into dishes and drinks that bring the magic of the screen to the table.
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2 Stocks That Could Turn $1,000 Into $5,000 by 2030
Turning $1,000 into $5,000 over five years is not a simple feat. It's a rare growth company that can accomplish that, and most investors should focus on steady growth stocks with the risk level that matches their temperament.
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Why Opendoor Stock Fell 14% in January
Opendoor Technologies (OPEN 2.33%) stock fell 14% in January according to data provided by S&P Global Market Intelligence. The real estate market has stayed stubbornly challenging, and Opendoor isn't likely to demonstrate strong progress until the market changes.
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Opendoor to Report Fourth Quarter and Full Year 2024 Financial Results on February 27th, 2025
SAN FRANCISCO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report fourth quarter and full year 2024 financial results for the period ended December 31, 2024 following the close of the market on Thursday, February 27, 2025. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results.
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MAKE YOUR VOICE HEARD: MANTLE RIDGE SENDS OPEN LETTER ASKING AIR PRODUCTS AND CHEMICALS, INC. SHAREHOLDERS TO VOTE AT ANNUAL MEETING
Change is In the Air: Mantle Ridge's Four Shareholder Nominees Will Help the Board Usher in a Brighter Future All of the Leading Independent Proxy Advisory Firms – ISS, Glass Lewis, and Egan-Jones – Recommend Replacing CEO Seifi Ghasemi and Other Board Members with Mantle Ridge Nominees Air Products' January 23, 2025 Annual Meeting is Fast Approaching: Vote Your Shares As Soon As Possible Online at the Voting Website Listed on Your BLUE Proxy Card or Voting Instruction Form Mantle Ridge Urges Shareholders to Vote Online "FOR" All Four of its Superbly Qualified Director Nominees – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – and "WITHHOLD" On Company Nominees Charles Cogut, Lisa A. Davis, Seifollah "Seifi" Ghasemi, and Edward L.
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Upstart, Robinhood, and Opendoor Are All Spiking on Wednesday -- Here's Why They Could Go Even Higher
The stock market was having a generally strong day on Wednesday, with the S&P 500 (^GSPC 1.60%) and Nasdaq Composite (^IXIC 2.16%) up by 1.7% and 2.3%, respectively, as of 10:30 a.m. ET. However, several financial technology, or fintech, stocks were spiking much higher.
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Why Opendoor Stock Plunged 32% in December
Real estate technology company Opendoor Technologies (OPEN 3.77%) stock dropped 32% in December, according to data from S&P Global Market Intelligence. Mortgage rates went back up after receding earlier in the year, and the market became more pessimistic about the real estate industry again.
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Got $8,000? 3 Top Growth Stocks to Buy That Could Double Your Money
The median savings account balance for all U.S. families sits at $8,000, according to the Federal Reserve's most recent Survey of Consumer Finances. If those families lock that amount into a 10-year CD that yields 4% annually, their savings would only grow to $11,841.95 by the time it matures.
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3 Beaten-Down Stocks That Could Be Massive Winners in 2025
It looks like the market is going to end the year on a winning note. With about a week to go, the S&P 500 is up 25%.
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3 Top Stocks That Could Double in 2025
Stocks are set to close out 2024 with one of their best performances this century.
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Could 2025 Be a Breakout Year for Opendoor?
Real estate iBuying leader Opendoor (OPEN -2.04%) is doing as well as anyone can expect in a terrible real estate market, but could things get better in 2025? In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss what it would take for Opendoor's business to jump to the next level.
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3 Top Bargain Stocks Ready for a Bull Run
With the S&P 500 and Nasdaq Composite hovering near their all-time highs, many investors might be reluctant to add new stocks to their portfolios. After all, Warren Buffett famously told investors to "be fearful when others are greedy and greedy when others are fearful," and a lot of greed is driving many stocks to historically high valuations.
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1 Growth Stock Down 93% to Buy Right Now
Real estate stocks have been feeling the heat of high interest rates for a few years already, but many of them are on the rebound, including stocks like Home Depot and Lowe's, as well as many real estate investment trusts (REITs).
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3 Stocks That Could Skyrocket Before the End of 2024
It's hard to believe that only three weeks are left in the year. But a lot can happen in three weeks.
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Why Opendoor Stock Rocketed 34% Higher in November
Opendoor Technologies (OPEN -8.97%) climbed 34% in November according to data provided by S&P Global Market Intelligence. It's benefiting from interest rate cuts and enthusiasm about an improved economy with Donald Trump's election as the next president, and its third-quarter results were better than expected.
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3 Millionaire-Maker Technology Stocks to Consider
Many investors look toward the tech sector for potential millionaire-maker stocks. But for every stock like Nvidia which minted new millionaires, there are plenty of stocks like Intel which shriveled over the past decade.
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Why Opendoor Stock Popped Today
Shares of Opendoor Technologies (OPEN 14.57%) surged today, seemingly in response to President-elect Trump's plans to make hedge fund manager Scott Bessent the next Treasury secretary.
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Opendoor: Beaten And Forgotten
Interest rate cuts were supposed to help Opendoor — but they did little to fuel growth. Exisitng home sales remain below 4M, the lowest since 1995. Elevated housing market uncertainty forced Opendoor to maintain higher spreads, thus delaying Opendoor's rescaling efforts.
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A Few Years From Now, You'll Wish You'd Bought This Undervalued Stock
A Few Years From Now, You'll Wish You'd Bought This Undervalued Stock
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FREIGHTOS AND E2OPEN COLLABORATE TO SIMPLIFY AIR CARGO BOOKINGS
Seamless Integration Gives Forwarders Real-Time Bookings and Dynamic Rates, All Within Their TMS BARCELONA, Spain , Nov. 21, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for international freight, today announced the official launch of its integration with e2open (NYSE: ETWO), a top provider of connected supply chain software. This integration, which follows a successful beta phase, embeds WebCargo by Freightos air cargo eBooking into e2open's Transportation Management System (TMS) application.
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POLARIS FACTORY RACING'S BROCK HEGER TRIUMPHS, CAPTURING FIRST SCORE BAJA 1000 VICTORY AND SECURING 2024 SCORE UTV PRO OPEN CLASS SERIES CHAMPIONSHIP
Heger Goes Solo and Dominates UTV Field in RZR Pro R Factory, Securing Impressive Seventh Overall Amongst All Four-Wheel Vehicles Polaris-Supported Racer Branden Sims Finishes Second in Race-Prepped RZR Pro R MINNEAPOLIS , Nov. 19, 2024 /PRNewswire/ -- Polaris Factory Racing's Brock Heger delivered a historic performance, going solo behind the wheel of his Polaris RZR Pro R Factory and dominating the field this past weekend at the 57th running of the prestigious SCORE Baja 1000. Heger's first Baja 1000 victory was made all the more impressive by not only dominating the entire UTV field, but finishing seventh amongst all four-wheeled vehicles, including the elite Trophy Truck classes - the highest finish by a UTV since the UTV classes were introduced to the race in 2007.
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Down 62%, Is Opendoor a Good Stock to Buy Now?
Opendoor's third-quarter numbers exceeded expectations, so why isn't the stock moving higher?
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3 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not
Just because they aren't anyone's favorites right now doesn't mean they're not worth owning.
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Opendoor Technologies Inc. (OPEN) Reports Q3 Loss, Tops Revenue Estimates
Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.11 per share a year ago.
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Opendoor Technologies Inc. (OPEN) Q3 2024 Earnings Call Transcript
Opendoor Technologies Inc. (NASDAQ:OPEN ) Q3 2024 Earnings Call Transcript November 7, 2024 5:00 PM ET Company Participants Kimberly Niehaus - IR Carrie Wheeler - CEO Christy Schwartz - Interim CFO Conference Call Participants Ygal Arounian - Citigroup Ryan Tomasello - KBW Nick McAndrew - Zelman & Associates Operator Good day and thank you for standing by. Welcome to the Opendoor Third Quarter 2024 Earnings Conference Call.
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Opendoor Announces Third Quarter of 2024 Financial Results
SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its third quarter ended September 30, 2024. Opendoor's third quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the “Quarterly Reports” page of Opendoor's investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports.
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Why Opendoor Technologies Stock Slipped 12.5% In October
The company is hurting from rising mortgage rates for residential real estate loans.
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Dorel Industries Will Hold a Conference Call to Discuss Its Third Quarter Results
MONTREAL, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dorel Industries, Inc. (TSX: DII.B, DII.A) CONFERENCE CALL: OPEN TO: Analysts, investors and all interested parties DATE: Thursday, November 14, 2024 TIME: 1:00 PM Eastern Time CALL: 1-844-763-8274 THE PRESS RELEASE WILL BE PUBLISHED BEFORE MARKETS OPEN THE SAME DAY THROUGH GLOBENEWSWIRE. Please dial in 15 minutes before the conference begins.
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Could Buying Opendoor Stock Today Set You Up for Life?
The largest iBuying platform in the U.S. could be a potential multibagger stock.
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2 Stocks That Could Double Within 3 Years
These relatively small companies have excellent growth prospects.
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Opendoor Stock Is Beaten Down Now, but It Could 10X
Although this real estate stock has gotten crushed so far, its low price could be a buying opportunity.
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TOURMALINE AND CLEAN ENERGY OPEN NEW CNG STATIONS, ADVANCING WESTERN CANADA'S FIRST COMMERCIAL-GRADE NATURAL GAS FUELING CORRIDOR
The expanding network of fueling stations represents a significant diesel displacement opportunity by providing a reliable source of compressed natural gas (CNG) for long-haul trucks and other fleets. CALGARY, AB , Oct. 22, 2024 /PRNewswire/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline") and Clean Energy Fuels Corp. (NASDAQ: CLNE) ("Clean Energy") announced today the opening of two new compressed natural gas (CNG) fueling stations in Alberta, marking a key milestone in their continuing efforts to build Western Canada's first commercial-grade public CNG fueling network.
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3 Stocks That Can Help You Grow Richer in 2025
These beaten-down stocks could make you some serious money on the rebound.
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3 Stocks That Could Double Over the Next 2 Years
Wall Street is undervaluing these companies' future growth.
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1 Growth Stock Down 95% to Buy Right Now
The sheer scope of Opendoor's pullback was more the result of unlucky timing than an indictment of the company's prospects.
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Opendoor to Report Third Quarter 2024 Financial Results on November 7th, 2024
SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report third quarter 2024 financial results for the period ended September 30, 2024 following the close of the market on Thursday, November 7, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results.
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Prediction: These 3 Phenomenal Stocks Are Set to Soar
Alibaba, Celsius, and Opendoor all look undervalued relative to their growth potential.
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Opendoor: Left Behind By Recent Market Recovery - Maintain Speculative Buy
OPEN's underwhelming FQ3'24 guidance has triggered its stock underperformance compared to its peers/wider market, despite the potential tailwinds from the Fed's recent pivot. Even so, the US average mortgage rates have been moderating, with RDFN already reporting a +68% MoM in mortgage-rate locks by September 23, 2024. Combined with the higher mortgage-purchase applications, we believe that OPEN may generate a robust FY2025 performance, if not earlier by FQ4'24.
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Best Stock to Buy Right Now: Opendoor Technologies vs. Realty Income
Which of these real estate stocks is a better buy as interest rates decline?
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Opendoor Appoints Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer
Alphabet Inc. and eBay vet named Chief Financial Officer LegalZoom and Intuit vet named Chief Technology & Product Officer SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), the leading e-commerce platform for residential real estate transactions, today announced the appointments of Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer. “The addition of Selim and Shrisha to our executive team will be instrumental as we continue shaping the future of real estate,” said Carrie Wheeler, CEO of Opendoor.
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Animal Spirits Awaken
U.S. equity markets gained for a third-straight week while short-term interest rates declined to two-year lows as "Goldilocks" economic data provided a backdrop of support for dovish Fed policy. Following combined gains of 5% over the prior two weeks, the S&P 500 gained another 0.6% this week, notching another series of all-time highs. Real estate equities - the most "Fed sensitive" market segment - underperformed for a second week following a significant two-month rally heading into the Fed's rate cut announcement.
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3 Tech Stocks That Could Go Parabolic
Airbnb has a massive opportunity, and it's growing into its valuation. Global-e continues to onboard A-list clients and generate double-digit revenue growth.
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Prediction: This Stock Down 94% Will Soar With Lower Interest Rates
Opendoor's business has been declining amid pressures in residential real estate. It has a huge market opportunity and disruptive technology.
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Opendoor Has Plunged, But Is Now the Time to Buy?
Opendoor Technologies (NASDAQ:OPEN) is certainly an intriguing stock to many investors.
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SHÁKA RASHEED JOINS OPEN OPPORTUNITY FUND AS GENERAL PARTNER TO LEAD CAPITAL DEVELOPMENT
WALL STREET VETERAN SHÁKA RASHEED JOINS MARCELO CLAURE AND PAUL JUDGE AS PART OF FIRM'S NEXT STAGE OF GROWTH ATLANTA , Sept. 17, 2024 /PRNewswire/ -- Open Opportunity Fund, a venture capital firm focused on investing in software companies founded by diverse entrepreneurs, today announced that Sháka Rasheed, financial services and technology executive, has joined the firm as General Partner, leading capital development and portfolio value creation.
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David Benson joins Opendoor Board of Directors
SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that David Benson, former President of Fannie Mae, has been appointed to its Board of Directors (“Board”), effective immediately. Mr. Benson will also serve on the Audit Committee of the Board.
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Prediction: These 2 Stocks Will Soar If Interest Rates Are Cut This Month
Opendoor's sales have been crushed, but it's making progress in growth and profitability. Home Depot is in a strong cash position and pays a growing dividend.
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Opendoor Technologies Inc. (OPEN) 2024 Goldman Sachs Communacopia and Technology Conference (Transcript)
Opendoor Technologies Inc. (NASDAQ:OPEN ) 2024 Goldman Sachs Communacopia and Technology Conference Call September 9, 2024 7:25 PM ET Company Participants Carrie Wheeler - Chief Executive Officer Conference Call Participants Michael Ng - Goldman Sachs Michael Ng Welcome to the Opendoor Presentation at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing Carrie Wheeler, who is the CEO of Opendoor.
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CHUBB RENEWS AS OFFICIAL INSURANCE SPONSOR OF THE US OPEN WITH MULTI-YEAR AGREEMENT
FLUSHING, N.Y. , Sept. 9, 2024 /PRNewswire/ -- The USTA and Chubb have signed a multi-year partnership renewal, extending Chubb's designation as the Official Insurance Sponsor of the US Open.
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1 Growth Stock Down 94% to Buy Right Now
Opendoor's stock was crushed by rising interest rates. Its business is gradually recovering as the housing market stabilizes.
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Better Real Estate Stock to Buy: Opendoor vs. Redfin
Interest rate cuts are likely to drive a recovery in the housing market. Opendoor and Redfin have a lot of upside potential in a recovery.
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Interest Rates Are About to Fall. Can Opendoor Finally Break the iBuying Curse?
Opendoor stock is surging on expectations that interest rates will soon start to fall.
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Down 50% in 2024, Is Opendoor a Bargain Stock Right Now?
The real estate disruptor has delivered strong results, but its stock isn't performing well. Here's why.
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Opendoor Is Down 53% So Far in 2024. Is It a Buy Before the Fed Starts Cutting Rates?
Opendoor delivered solid results in the second quarter, handily surpassing its own targets. The company issued third-quarter guidance that was far worse than many investors were looking for.
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Opendoor to Present at Goldman Sachs Communacopia & Technology Conference
SAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler, Chief Executive Officer, will speak at the Goldman Sachs Communacopia & Technology Conference on Monday, September 9, 2024 at 4:25pm PT/7:25pm ET. A live webcast of the presentation will be available at investor.opendoor.com .
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Vishay Intertechnology ESD Protection Diode for Automotive Ethernet Networks Features Space-Saving DFN1006-2B Package With Wettable Flanks
New VETH100A1DD1 Device Is Compliant With OPEN Alliance 100Base-T1 and 1000Base-T1 New VETH100A1DD1 Device Is Compliant With OPEN Alliance 100Base-T1 and 1000Base-T1
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Proptech stocks analysis: Zillow Group vs Opendoor
Property technology stocks have had a rough ride in the past few years as the industry has faced stiff competition, weak demand because of high interest rates, and a tough regulatory decision that has changed how people buy homes in the US.
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Why Opendoor Technologies Stock Popped Today
In a speech this morning, Fed Chair Jerome Powell made the case for interest rate cuts. Opendoor's business is highly sensitive to mortgage rates.
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2 Growth Stocks to Buy at a Discount
These discounted stocks are contending with dynamic market environments. DexCom has had a bad reaction from investors after its recent earnings, but a closer look is warranted.
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Opendoor Technologies Stock: Buy, Sell, or Hold?
Opendoor Technologies has struggled amid a challenging housing market. The company has ramped up its acquisition of homes, with a renewed focus on improved unit-level economics.
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Opendoor: Outperformance Is Not Enough
Virtually every single metric in Opendoor's Q2 earnings report beat management's guidance and analyst expectations. However, the company issued soft guidance against a weakening housing market. Despite the uncertainty, Opendoor's fundamentals continue to improve, signifying strong business momentum.
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Opendoor Technologies Inc. (OPEN) Q2 2024 Earnings Call Transcript
Start Time: 17:00 January 1, 0000 5:38 PM ET Opendoor Technologies Inc. (NASDAQ:OPEN ) Q2 2024 Earnings Conference Call August 01, 2024, 17:00 PM ET Company Participants Carrie Wheeler - CEO Christy Schwartz - CFO, Interim Dod Fraser - President, Open Exchange and Capital Kimberly Niehaus - Head, IR Conference Call Participants Dae Lee - JPMorgan Nick Jones - Citizens JMP Curtis Nagle - BofA Ryan Tomasello - KBW Nick McAndrew - Zelman Associates Operator Good day, and thank you for standing by. Welcome to Opendoor's Second Quarter 2024 Earnings Conference Call.
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Opendoor Technologies Inc. (OPEN) Reports Q2 Loss, Tops Revenue Estimates
Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.31 per share a year ago.
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Opendoor Announces Second Quarter of 2024 Financial Results
SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its second quarter ended June 30, 2024. Opendoor's second quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the “Quarterly Reports” page of Opendoor's investor relations website at https://investor.opendoor.com.
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Dorel Industries Will Hold a Conference Call To Discuss Its Second Quarter Results
MONTREAL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Dorel Industries, Inc. (TSX: DII.B, DII.A) CONFERENCE CALL: OPEN TO: Analysts, investors and all interested parties DATE: Friday, August 9, 2024 TIME: 1:00 PM Eastern Time CALL: 1-844-763-8274 THE PRESS RELEASE WILL BE PUBLISHED BEFORE MARKETS OPEN THE SAME DAY THROUGH GLOBENEWSWIRE. Please dial in 15 minutes before the conference begins.
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Opendoor (OPEN) to Report Q2 Earnings: What's in the Offing?
Opendoor's (OPEN) revenues and earnings are likely to have declined year over year in Q2.
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3 Millionaire-Maker Artificial Intelligence (AI) Stocks
Lemonade has a huge edge over legacy insurers, but it's still going to take time to compile enough data for its AI systems to work better. Opendoor has a data-powered digital real estate platform that could capture even greater market share when the real estate industry improves.
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Down 94% From Its High, Is This Growth Stock Finally a Buy?
Opendoor operates a disruptive AI-powered real estate platform. It's been crushed under the weight of high mortgage rates and a stagnant real estate industry.
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Opendoor: The Fed Pivot May Jumpstart Its Prospects
OPEN had naturally underperformed the wider market once the inflation rose and the Fed hiked interest rates in early 2022. With those headwinds behind us, OPEN now offers a compelling investment thesis for opportunistic investors looking to ride the great upside. The management has continued to report robust inventory metrics and expanding spreads, as observed in the promising FQ2'24 margin guidance.
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Why Opendoor Technologies, Medical Properties Trust, and Kilroy Realty Stocks All Popped on Thursday
Inflation rates declined in June as compared to May -- only by 0.1%, but it's still good news. The national inflation rate is now on course for 3% in 2024, approaching the Federal Reserve target of 2%.
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Opendoor to Report Second Quarter 2024 Financial Results on August 1st, 2024
SAN FRANCISCO, July 08, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report second quarter 2024 financial results for the period ended June 30, 2024 following the close of the market on Thursday, August 1, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results.
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Sell Alert: Offload These 3 Stocks Before It's Too Late
While there are always dangers associated with stock market investing, one way to lessen possible losses is to select stocks likely to underperform. Here, the focus is on the core flaws of three businesses called out for having unsettling operational and financial data.
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CANNES LIONS' OPEN HOUSE FOR GOOD 2024
Why women are still coming last in the creative awards race EACA, NORD DDB, TBWA and ACT Responsible partner up to launch 'Creative Equality in Advertising 2024' Report reveals that women are still only winning 24% of the top metal across Europe's major awards CANNES, France , June 17, 2024 /PRNewswire/ -- Women are winning less than a quarter of Europe's top awards accolades according to a new report. 'Creative Equality in Advertising 2024' highlights the persistent issue of gender inequality in the advertising industry, revealing a 3:1 ratio of men in the most highly-decorated teams.
prnewswire.com
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3 Top Stocks That Billionaires Are Buying
Amazon has wells of opportunity that it's drawing from to generate strong growth. Opendoor Technologies stock could soar when mortgage rates finally come down.
fool.com
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Why Opendoor, Home Depot, and NVR, Inc. Rallied Today
Inflation came in softer than expected this morning, spurring a rally in rate-sensitive stocks. However, the Fed's meeting showed Fed officials skeptical that inflation would come down to its 2% target anytime soon.
fool.com
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3 Stocks to Sell (or Short) Before the Housing Market Cracks
Multiple signs are indicating that the U.S. economy's “higher for longer” interest rates are starting to take a greater toll on the country's housing market. First, last month the number of homes for sale whose prices were reduced came in at nearly 278,000, according to the Federal Reserve.
investorplace.com
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POLARIS FACTORY RACING'S CAYDEN MACCACHREN TRIUMPHS ONCE AGAIN, SECURING THE 2024 SCORE BAJA 500 UTV OVERALL AND PRO UTV OPEN CLASS VICTORY IN RZR PRO R FACTORY
Polaris-Supported Driver Branden Sims Finishes Second Overall Behind the Wheel of a Race-Prepped RZR Pro R MINNEAPOLIS , June 3, 2024 /PRNewswire/ -- The 56th running of the SCORE Baja 500 took place this past weekend, where the Polaris Factory Racing team continued its winning streak as Cayden MacCachren, along with his co-driver Hailey Hein, delivered a dominant performance to secure the prestigious UTV Overall and UTV Pro Open class victory. This marked MacCachren's third consecutive SCORE series win, showcasing the true power, strength, and control of the RZR Pro R Factory vehicle throughout the grueling 483-mile race.
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GLENBROOK CAPITAL MANAGEMENT RELEASES OPEN LETTER TO TEJON RANCH BOARD CALLING FOR TRANSPARENCY
Urges Company to Conduct Periodic Investor Calls and Adopt Investor Outreach Program Believes Transparency and Engagement Will Help Unlock Tejon's Value PALO ALTO, Calif. , May 23, 2024 /PRNewswire/ -- Glenbrook Capital Management ("Glenbrook" or "we"), a long-time shareholder of Tejon Ranch Co. (NYSE:TRC) ("Tejon"), today issued the following open letter to the Chairman of the Nominating and Corporate Governance Committee of Tejon's Board of Directors May 23, 2024 Tejon Ranch Co.P.O.
prnewswire.com
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Opendoor Is Inching Closer to Profitability – Should You Buy the Stock?
The iBuying leader produced better-than-expected results, but is it a viable model long-term?
fool.com
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This Massively Crushed Stock Could Skyrocket 72% This Year, According to 1 Wall Street Analyst
Opendoor's business is being challenged as it deals with stunning declines in the high interest rate environment. It could have major disruptor potential when trends move back in its favor.
fool.com
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Red Lobster Files Voluntary Chapter 11 Petitions To Strengthen Financial Position And Maximize Value For Stakeholders
May 19 (Reuters) - * RED LOBSTER FILES VOLUNTARY CHAPTER 11 PETITIONS TO STRENGTHEN FINANCIAL POSITION AND MAXIMIZE VALUE FOR STAKEHOLDERS * RED LOBSTER - RESTRUCTURING TO OPTIMIZE REAL ESTATE FOOTPRINT AND FACILITATE GOING CONCERN SALE * RED LOBSTER - RED LOBSTER'S RESTAURANTS WILL REMAIN OPEN AND OPERATING AS USUAL DURING CHAPTER 11 PROCESS * RED LOBSTER- COMPANY WORKING WITH VENDORS TO ENSURE THAT OPERATIONS ARE UNAFFECTED * RED LOBSTER- HAS RECEIVED A $100 MILLION DEBTOR-IN-POSSESSION ("DIP") FINANCING COMMITMENT FROM ITS EXISTING LENDERS * RED LOBSTER - ENTERED INTO STALKING HORSE PURCHASE AGREEMENT PURSUANT WHICH CO WILL SELL BUSINESS TO AN ENTITY FORMED, CONTROLLED BY EXISTING TERM LENDERS Source text for Eikon:
https://www.marketscreener.com
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Red Lobster - Red Lobster's Restaurants Will Remain Open And Ope…
RED LOBSTER - RED LOBSTER'S RESTAURANTS WILL REMAIN OPEN AND OPERATING AS USUAL DURING CHAPTER 11 PROCESS
https://www.marketscreener.com
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2 Consumer Stocks I Wouldn't Touch With a 10-Foot Pole
With a soaring stock market comes the danger zone of unprofitable stocks. Opendoor is a flawed business that has never generated a profit.
fool.com
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TED B. MILLER SENDS OPEN LETTER TO CROWN CASTLE SHAREHOLDERS
Crown Castle's Board Has Presided Over a Decade of Underperformance and Lacks the Expertise to Turn the Company Around Boots Capital's Nominees Bring the Critical Tower Industry Experience and Detailed Plan Necessary to Restore Crown Castle's Value for Shareholders Time is Running Out to Cast Your Vote – Your Voice Matters No Matter How Many Shares You Own Urges Shareholders to Vote the GOLD Proxy Card Today "FOR" Boots Capital's Four Highly Qualified Director Nominees – Ted Miller, Charles Green, David Wheeler, and Tripp Rice – and "WITHHOLD" on ALL Crown Castle Nominees HOUSTON , May 17, 2024 /PRNewswire/ -- Ted B. Miller, co-founder and former Chief Executive Officer of Crown Castle Inc., (NYSE: CCI) ("Crown Castle" or the "Company"), and his investment vehicle Boots Capital Management, LLC ("Boots Capital") today sent a letter to Crown Castle shareholders in connection with the Company's upcoming Annual Meeting scheduled for May 22, 2024.
prnewswire.com
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3 Stocks That May Have to Wait Until 2025 to Win
Realty Income, Tesla, and Opendoor are trading lower in 2024, but brighter days could be ahead. Realty Income will fare better when interest rates fall, making it easier to finance further expansion.
fool.com
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Opendoor to Present at J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference
SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler, Chief Executive Officer, will speak at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 12:45pm PT/3:45pm ET. A live webcast of the presentation will be available at investor.opendoor.com.
globenewswire.com
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5 Reasons To Buy Opendoor
Opendoor stock has dropped nearly 50% this year after a strong rally in 2023. Because of this, many investors might have lost hope for Opendoor stock. Yes, there are valid arguments against Opendoor stock.
seekingalpha.com
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